Bitcoin: Post-Halving Bottom Found, Slow Bull Run Next
Trader Tardigrade states Bitcoin has completed the first half of its post-4th halving recovery cycle with the bottom found and now enters a slow bull run toward a new all-time high into the 5th halving.
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Trader Tardigrade asserts that Bitcoin has completed the first half of its post-4th halving recovery, with the bottom found and the post-halving top in place, setting the stage for a slow bull run to a new ATH into the 5th halving.
Price at $75934.68 sits below the EMA50 at $77362.09 and EMA200 at $80230.69 in a bearish trend structure, yet the MACD golden cross at -547.16 points to building momentum while RSI at 40.5 stays neutral inside the Bollinger bands with support at $73634.01 and resistance at $79125.73.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.